Working while collecting severance pay

Got laid off and have a chance at a new job sooner than expected. It is a great opportunity and should be a perfect fit. Has anyone worked while getting severance from Abbott? How would they know if you started working before your continuation pay period was over?

No idea but treat it as severance was given to compensate you for the BS you went through leading up to the ax coming down, ie: threats of plans, memos, letters, etc etc and the ever hanging re org coming rumors and discussions. Go to work!

I've worked while under severance pay. I doubt Abbott will be looking, but you have to remain unnoticed too. If anyone knows or see's you working they may feel obligated to report you. If it's brought to Abbott Legal's attention then they will come after you. Good luck, and stay under the radar.

Got laid off and have a chance at a new job sooner than expected. It is a great opportunity and should be a perfect fit. Has anyone worked while getting severance from Abbott? How would they know if you started working before your continuation pay period was over?

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The dude saying the guvmint will inform them is completely lying.

The only way they know is if you open your trap.

Keep your new job on the down low till you have recieved your full severance benefit.

I've known several people who collected both just by keeping it quiet, easier depending on the type of job you get, but it's possible. I'd keep the onus on Abbvie to find out if they need the money so badly...the ball is in their court not yours, as far as I'm concerned. Good luck.

Believe me nobody will have the time to chase you unless you are dumb and tell somebody about your new gig before you've collected ever last penny under the severance agreement.

Once the severance is fully paid out feel free to rub it in other peoples faces about your new gig.

Miles won't miss it too much because he gets to report the expense as a one-time expense to his friends on Wall Street.

Another thing Abbott/Abbvie does not want you to know is that you don't have to immediately accept and sign your severance package. You can ask for more and not signing on the spot does not mean you get nothing just that it is the start of a negotiation.